Auto Leasing

Q: What is Financial Leasing?

Leasing is the financial instrument where the Lessor (Intesa Sanpaolo Bank Albania) provides an asset for the client (referred to as Lessee); asset to be used for a fixed period of time, with the possibility that at the end of the Leasing period, the Lessee to become the owner of the asset.

Advantages of Auto Leasing

Choose freely the vehicle & supplier

Thanks to the suppliers' independence, You get the best offers

Your investment is secured

Protected by the insurance policies

Personalized

As per your payment capacity

We buy the vehicle for you

No need to use your own liquidity to purchase the vehicle

Transparency

All costs are known at the start of the Lease Agreement

Financial Leasing

Auto Leasing of Passenger Cars: All passenger cars with a driving license, type B, used only for individual & private transportation of individuals & not for public transport.

The weight of the vehicles is up to 3500 kg, maximally 8 seats, excluding the seat of the driver.

How it works?

Choose the asset

You choose the asset & supplier and negotiate the purchase price

Submit the forms

We will process the application as soon as possible

Sign the agreement

Upon approval, we will prepare the necessary documents for signature

We order the asset

Ownership will be transferred by the supplier to the Bank (Lessor)

We pay the supplier

We pay the total bill directly to the current account of the supplier

Delivery

You will take the delivery

Payment method

Pay fixed monthly installment

Terms & Conditions:

Tenor of the Lease Agreement 24 up to 72 months
Collateral / Co-Borrower / Guarantor Not applicable
Type of Insurance CASCO & TPL
Currency LEK & EUR

Effective Interest Rates

Retail Auto Leasing

Currency: EUR
Tenor: 72 months
Maximum lease amount: EUR 50,000
Administration fee: 1% of asset price (EUR 500)
Interest rate: EURIBOR 1 year + 7%; Minimum interest rate (MIR) 7%
Effective interest rate: 9.84%

Retail Auto Leasing

Currency: ALL
Tenor: 72 months
Amount: ALL 4,915,000 (Equivalent of EUR maximum lease amount)
Administration fee: 1% of asset price (ALL 49,150)
Interest rate: Treasury Bill 1 year + 6%; Minimum interest rate (MIR) 8.5%
Effective interest rate: 9.33%

This examples are based on the maximum amount and longest tenor available for this product.

Services & Documents

Nov 16, 2023 Auto Leasing information PDF, 163 KB

General Information

What is Financial Leasing?

Leasing is the financial instrument where the Lessor (Intesa Sanpaolo Bank Albania) provides an asset for the client (referred to as Lessee); asset to be used for a fixed period of time, with the possibility that at the end of the Leasing period, the Lessee to become the owner of the asset.

What we offer?

Intesa Sanpaolo Bank Albania offers the opportunity to acquire, through Financial Leasing, the car that you need.
AUTO Leasing is an offer prepared for the Individuals & Self-employed.

Which is the purpose of Financial Leasing?

The main purpose is acquisition of a Car for a certain fee as specified in the Lease Agreement.
The ownership is transferred to the individual under certain conditions & for an agreed period, entitling the Lessee to purchase the leased asset.
The supplier must be an official authorized dealer. The car origin has to be guaranteed by the dealer.
With financial leasing the legal ownership remains to the Lessor, while the Lessee enjoys the right to economic usage of the asset.
The finance lease allows you to choose the supplier & the type of asset suitable for your needs.
Buyout symbolic price: The Lessee acquires ownership of the asset upon expiry of the lease term without the payment of any premiums, only EUR 1.

Why to choose our Auto Leasing?

Intesa Sanpaolo Bank Albania with its experience, competent human resources & broad distribution channels is your reliable partner with customer-oriented flexible approach creating the most suitable financing product that you require.

Information

All nationals, with residence in Albania, with regular income, 100% declared, are qualified for financial leasing, where payments are made through the banking system.

* This is an advertising publication.

Attention! This is a loan product that has costs related to it. To find out about full product -related costs and all working conditions, visit the nearest branch or call the Digital Branch service.